$378,400Average Value$196Average Price per Sq Ft38Homes For Sale
Princeton is a growing commuter hub on the Rum River
Split by the scenic Rum River, Princeton is a growing town of about 5,400 residents. Although the community got its start as a hub for agriculture and lumber, Princeton has adapted to accommodate commuters looking for a laid-back lifestyle within reach of the metro area. “We’re close enough to the Twin Cities, yet we still have maintained what I would call a small-town charm,” says Princeton City Administrator Michele McPherson. Many residents connect through volunteering with nonprofits, houses of worship and community groups. “Between the philanthropic attitude and the people power through all of the civic organizations, I think all that builds connections and support for new residents,” McPherson says. Mayor Jack Edmonds, a lifelong resident, says he’s seen Princeton change over the years. “We’re a growing community,” he says. “People can live out here and commute to the metro, and a lot of our residents do. We’re trying not to leave that small-town atmosphere behind.”
Newly constructed Craftsman builds are an easy find in Princeton.
Given its location in Minnesota, Princeton tends to have cold winters.
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Home prices typically range from $200,000 to $400,000
Housing styles in Princeton range from early 20th-century farmhouses and Craftsman-style homes to midcentury cottages and ranch-style homes. Split-levels and new traditional builds began popping up on the market in the 1980s, and new construction continues today in subdivisions around town. Sidewalks line most residential streets, and homes tend to sit on roomy lots, even in the center of town. Fixer-uppers and smaller homes sell for $150,000 to $250,000, but most single-family homes go for $200,000 to $400,000. Townhouses sell for $200,000 to $350,000.
Princeton may be a good choice for buyers who value tightly knit communities.
Princeton features a wide variety of two-story homes.
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Kayaking, camping and fishing on the Rum River
The Rum River flows from Mille Lacs Lake and winds along the western edge of town. “It’s this scenic, wild river system and the main branch is deep enough for kayaking and canoeing. A lot of people take advantage of it,” McPherson says. Riverside Park takes full advantage of the waterway with campsites, a boat launch and fishing access. Mark Park, located downtown, is a favorite among families for its playground, splash pad, sports courts and ball fields. Snowmobiling and skiing are popular in the winter, but residents can ice skate year-round at the Princeton Ice Arena. Spring is the best time for wildlife spotting at Kunkel Wildlife Management Area, which is also a popular hunting ground for deer, bear, waterfowl and other game.
Riverside Park is an inviting place for the community.
Riverside Park is a fantastic spot for fishing.
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Career academies at Princeton High School
Princeton Public Schools serve the area and receive an overall B-minus grade from Niche. The district offers a Spanish immersion program with the option to start in Kindergarten or first grade. Princeton High School, rated B-minus, offers six career academies, where students can graduate with industry credentials and college credit.
Princeton Middle School provides comprehensive middle school education where students transition from elementary to high school with academic and social support during adolescent years.
Princeton High School offers a wide range of academics athletics and arts providing a balanced education that fosters creativity critical thinking and personal growth.
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Less than 60 miles to the Twin Cities
State Route 95 and U.S. Route 169 intersect in town, putting residents in a prime position to commute to nearby cities like St. Cloud, 30 miles west, and Cambridge, 20 miles east. Princeton is about 50 miles north of Minneapolis and roughly 60 miles from St. Paul and Minneapolis-Saint Paul International Airport. M Health Fairview Northland Medical Center offers emergency medical care in town.
Princeton is a regional shopping and dining destination
“Princeton still has a traditional downtown, but we’re a regional draw when it comes to retail and services because we have Walmart, we have banks, we have the hospital,” McPherson says. The town has fast-food restaurants, including a recently opened Culver’s, but residents support local sit-down spots like Merlin’s Family Restaurant, a Princeton institution for breakfast and lunch. “We have a huge philanthropic attitude from our businesses. We have a local nonprofit, Twice New Clothing and Treasures, and they run a retail store entirely on volunteers,” McPherson says. “They funnel close to $80,000 back into the community from donations that they sell.” The community has a weekly farmers market from May through October downtown, which continues monthly indoors from November through April.
Neighbors is a reliable favorite for Princeton locals.
The area near 1st St and Rum River Drive tends to be a hot spot for local businesses.
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Rum River Festival draws thousands to Princeton
One of Princeton’s biggest events is the Rum River Festival. “It’s a four-day event in June of every year that celebrates the community. We had close to 75,000 people come through town over the four days [in 2025],” McPherson says. During the winter, locals head to the fairgrounds for Light Up Princeton, which features a mini parade and a drive-thru light display. “It’s staffed by non-profits and local groups that then collect donations on behalf of a group or cause that’s near and dear to them,” Mayor Edmonds says. “It’s a way to fundraise in the wintertime when it’s really hard to otherwise.” The city also hosts the annual Millie Lacs County Fair every August.
Written By
Leslie Klosterman
Photography Contributed By
Joan Wall
Video By
Conar McDaniel
Interested in learning more about homes in this area?
Reach out to
Chelsea Erickson,
an experienced agent in this area.
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On average, homes in Princeton, MN sell after 42 days on the market compared to the national average of 58 days. The median sale price for homes in Princeton, MN over the last 12 months is $350,000, up 9% from the median home sale price over the previous 12 months.
Don't miss this opportunity to own a spacious and well-maintained 4-bedroom, 3-bath home set on abeautiful 1-acre lot in Princeton. Offering a functional layout, quality finishes, and the privacy buyersare looking for, this property stands out from the rest. The bright and inviting main level featuresvaulted ceilings, quality Andersen windows that bring in abundant natural light,
Welcome home to this beautifully updated single-level property in Princeton, nestled on just over an acre with the perfect blend of privacy, comfort, and convenience. Offering 5 bedrooms, 2 full bathrooms, and over 2,300 finished square feet, this home is designed for both everyday living and entertaining. The main level features a spacious open-concept layout connecting the living room, dining
Escape to this beautiful and magical home in Princeton MN located on Green Lake. A peaceful, gorgeous spot on the lake where years of fun and memories can be created. Step into this Meticulous, Well Cared for , Grand 3 bedroom 3 bath to enjoy year round activities or make it your weekend retreat. As you enter the front door, you will be amazed at the wall of windows facing the lake. An open
Queen Anne Victorian Circa 1906 Offered For Sale Step back 120-years into Princeton's Historic Homes District, to the most beautifully preserved Queen Anne Victorian, where historic character meets modern comfort. This 5 bedroom 3 bath home offers over 2,751 finished square feet, thoughtfully updated while honoring its original craftsmanship. Authentic details remain throughout, including
Escape to 10.95 acres of opportunity-this beautiful parcel offers a perfect blend of wooded privacy and open, tillable acreage. Trees border the entrance and rear of the property with an open building envelope ready for your future home. Whether you're looking to build your dream home, start a hobby farm, or invest in land, this property has the space and flexibility to make it happen.
59.43-acre parcel offering a great blend of productive farmland and natural features. Approximately 35 acres are tillable, providing strong income potential or an excellent opportunity to expand your existing operation. A year-round waterway/ditch runs through the property, adding both scenic appeal and a natural water source that can support wildlife habitat. The balance of the land offers a mix
This fully renovated (in 2015) rambler offers the ultimate lifestyle hack: prestigious Green Lake panoramic views and shared water access without the burden of lakefront taxes (the shared access with low $500 annual HOA dues, directly across the street from property and shared only with 5 properties on the culdesac - only 2 backlot homes that each have spot for a boat lift). Perched up on a
Set on an incredible 34.64 acres in Princeton, this one-of-a-kind property offers a rare opportunity to own expansive, versatile land with endless potential for development, recreation, or a private retreat. With the ability to divide into 2.5-acre parcels, the possibilities here are wide open—whether you’re looking to invest, build, or simply enjoy the space and privacy. The land itself is
Discover the beauty and privacy of acreage living. This exceptional land listing offers the perfect opportunity to build your dream home surrounded by mature trees, natural beauty, and peaceful country living, with heavy tree coverage bringing abundant wildlife and creates a truly serene setting where nature becomes part of everyday life. Located very close Sherburne County Wildlife Refuge. This
Investors and those looking for sweat equity, this property is a diamond in the making. 5acre mostly wooded lot, large 5BR/3BA rambler offers space to grow. Sold in AS-IS condition, sellers and sellers POA cannot and will not be able to do any work nor take charge for any repairs. Any and all services will be responsible for the buyers and buyers agents. Back on market due to finding out we would
Beautiful custom-built walkout rambler situated on 5.65 wooded acres, complete with a private pond—offering both privacy and scenic views. The main floor features 9’ ceilings with elegant crown molding, creating an open and inviting feel throughout. The spacious master suite includes a large walk-in closet, while oversized windows bring in plenty of natural light. Additional highlights include:
There is a moment when the noise falls away and something quieter takes its place. It’s here that moment begins the second you arrive. Set on 2.65 wooded acres, this move-in ready split entry bi-level offers four bedrooms, two full baths, and a bonus room, with vaulted ceilings and an open layout that feels connected rather than divided. New carpet and updated flooring carry throughout, while
This barrier free slab-on-grade home features two bedrooms and two baths. A beautiful sunroom is located at the back of the house adding lots of light to the open concept plan. Standard features include in-floor heat, central air, vaulted ceilings, gas fireplace, custom cabinets,and granite countertops. This gorgeous twinhome is fully landscaped with irrigation system and the association
Welcome to Hidden Hills of Wyanett Creek. This is a gorgeous new 12 lot subdivision with a great mixture of open areas, woods and the tranquil Wyanett Creek. All the lots offer a perfect setting to build your dream home. Lots range in acreage from 3.41 - 8.6 acres each. This is an Exclusive Builder development, bring your ideas and let us build your dream home. Come on out a take a look a this
Beautiful flat lot with 13.74 acres of land. This is a great opportunity and has wonderful potential. You could spend your time camping, growing crops, hunting for deers, bears and coyotes or potentially building your new home, etc. Buyers are responsible to verify dimensions, requirements, zoning, etc.
Looking for a lovely apartment for you and your family in a welcoming community? Love where you live and take joy in a new and charming community. We have modern rental unit with up-to-date decor and features. Amazing location in Princeton near shopping and restaurants! Studio, 1, and 2 bedroom floor plans to choose from. Three story building with 3rd floor being designated as 50+! Community
New construction building in Princeton, MN slotted to open May 2025. Studio, 1 and 2 bedroom spacious units. Attached garages for an additional $195 per month. Detached fully finished garage storage with electric, in floor heat and water options. The detached garages have all kinds of sizes for anything you can think of-truck, boat, RV and more. Contact us today to get more information and
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